Teekay Corporation (TK) Ex-Dividend Date Scheduled for July 12, 2013


Teekay Corporation ( TK ) will begin trading ex-dividend on July 12, 2013. A cash dividend payment of $0.3163 per share is scheduled to be paid on July 31, 2013. Shareholders who purchased TK stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 20th quarter that TK has paid the same dividend. At the current stock price of $40.85, the dividend yield is 3.1%.

The previous trading day's last sale of TK was $40.85, representing a -1.68% decrease from the 52 week high of $41.55 and a 49.36% increase over the 52 week low of $27.35.

TK is a part of the Transportation sector, which includes companies such as Carnival Plc ADS ( CUK ) and Carnival Corporation ( CCL ). TK's current earnings per share, an indicator of a company's profitability, is -$2.41. Zacks Investment Research reports TK's forecasted earnings growth in 2013 as 89.37%, compared to an industry average of 3.4%.

For more information on the declaration, record and payment dates, visit the TK Dividend History page.

Interested in gaining exposure to TK through an Exchange Traded Fund [ETF]?
The following ETF(s) have TK as a top-10 holding:

  • Guggenheim Shipping ETF ( SEA ).

The top-performing ETF of this group is SEA with an increase of 2.72% over the last 100 days. It also has the highest percent weighting of TK at 4.11%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: News Headlines , Stocks

Referenced Stocks: CCL , CUK , SEA , TK

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